Dual-Brand Property by Red Roof Opens in Chicago
NORTH AURORA, Illinois—Red Roof announced the opening of the Red Roof Inn and HomeTowne Studios by Red Roof Chicago—N. Aurora/Naperville, Illinois.
The Red Roof Inn...
Baird/STR Hotel Stock Index Increased 6.2 Percent in June 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index grew 6.2 percent in June to a level of 5,615.
“Hotel stocks extended their year-to-date gains in...
STR: U.S. Hotel Performance Falls With Lack of Business Travel During Holiday
HENDERSONVILLE, Tennessee—Due to constricted business travel during the Fourth of July, U.S. hotel performance fell from the previous week and showed weaker year-over-year comparisons,...
Hilton Garden Inn Brand Debuts in the Dominican Republic
DOMINICAN REPUBLIC—Hilton announced the opening of Hilton Garden Inn La Romana, marking the Hilton Garden Inn brand’s first hotel in the Dominican Republic. The...
District Hospitality Partners Acquires the Westin Annapolis
BETHESDA, Maryland—District Hospitality Partners announced the acquisition of the Westin Annapolis. Located in historic downtown Annapolis, the 225-room property provides guests access to attractions,...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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